23 February 2017
visit dh.com

Vodafone enlists CorFire and Gemalto for mobile wallet

29 October 2012  |  5732 views  |  0 Business man using Smartphone

UK-based wireless giant Vodafone has teamed up with Gemalto and m-commerce outfit CorFire to develop an NFC-based mobile wallet.

The wallet - slated to launch early next year in Germany and Spain, before arriving in other European countries - will use CorFire's CorPay technology for a wallet that will let users conduct "a number of transactions" including POS payments.

CorPay uses the Secure Element to encrypt and store personal account information and relies on a full client/server architecture that allows the support of phone change and SIM switching.

Christian Wirtz, director, m-commerce, Vodafone, says: "The consumer benefits of contactless payments are obvious and the industry in Europe is now at the beginning of rolling out a contactless infrastructure. The potential of mobile to transform existing industries - such as financial services, retail and transport- is enormous."

Meanwhile, Gemalto has been awarded the multi-year global contract to provide and operate a global Trusted Service Management (TSM) platform for Vodafone. Gemalto says it will provide "a range of innovative services that can address hundreds of millions of subscribers, located in all the countries where Vodafone Group operates".

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Vodafone to expand M-Pesa remittance services to 35 countries

Vodafone to expand M-Pesa remittance services to 35 countries

23 October 2012  |  8157 views  |  1 comments | 8 tweets | 6 linkedin
EC green lights UK telcos' mobile wallet plans

EC green lights UK telcos' mobile wallet plans

05 September 2012  |  9077 views  |  3 comments
Vodafone and Visa team on NFC m-payments

Vodafone and Visa team on NFC m-payments

27 February 2012  |  12933 views  |  0 comments
ICICI and Vodafone ink m-banking JV

ICICI and Vodafone ink m-banking JV

18 January 2011  |  9739 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.comVisit Yelloco.co.ukvisit dh.com

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
19090 views 11 comments | 56 tweets | 92 linkedin
hands typing furiouslyBlockchain Technology
11329 views 1 | 11 tweets | 4 linkedin
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
10324 views comments | 49 tweets | 67 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
7717 views comments | 37 tweets | 33 linkedin
Standard Chartered connects corporate customers to WeChatStandard Chartered connects corporate cust...
6120 views comments | 17 tweets | 19 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job